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First Time Buyer Mortgage Advice in Cardiff

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We will be With you throughout the Whole Process!

As a First Time Buyer in Cardiff, you may feel anxious about the journey ahead of you. It is understandably daunting, with lots of competition on the market and estate agents putting pressure on their customers.

 

This is where we are able to step in. Our team of friendly, experienced Mortgage Advisors in Cardiff will work patiently alongside you, doing their bit to ensure you are one step closer to your property owning dreams.

 

Our job is to search through thousands of mortgage deals, to find you the most appropriate deal for your personal circumstances. Whether you are taking the leap as a sole name buyer, buying with a friend or partner, or have been experiencing mortgage problems, we may be able to help.

 

A good starting point is to have a Mortgage Agreement in Principle in advance. This works in your favour when you are ready to make an offer and is something we can help with, usually being able to arrange that within the same day.

 

How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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Mortgage Advice in Cardiff for First Time Buyers

As an expert Mortgage Broker in Cardiff, we have experience in helping many First Time Buyers in Cardiff onto the property ladder. There is rarely a situation that we have not encountered in our many years of service. Below are some scenarios that are popular with First Time Buyers:

 

  • Interested in buying a property and wondering what your monthly repayments and other costs may possibly be?
  • Wanting to make an offer on a property and need some help doing so?
  • Had an offer accepted already and want to get the ball rolling on your mortgage process?
  • Hit a roadblock in your journey and need some help in getting things back on track?

 

Contact us to book your free mortgage consultation.

Why choose Cardiffmoneyman for First Time Buyer Mortgage Advice in Cardiff?

As a company, we pride ourselves on being loyal to our customers. We have no ties to Banks, Building Societies or Estate Agents – We work for you and have your best interests at heart! Our Mortgage Advice team in Cardiff will do their best to ensure stress levels are kept low, that the process is clear and simple, and that industry jargon is avoided.

 

If you would prefer that someone speak with or make an offer with an Estate Agent on your behalf, we can also help. We are also able to look at sourcing conveyancing and solicitors’ quotes for you, helping you through every step of your mortgage journey!

 

We understand that as a First Time Buyer in Cardiff, the last thing you need is to be stressed out, this is exactly why our team are always available to reassure you when the going gets tough.

 

Contact us to book your free mortgage consultation.

What our customers say

Common mortgage
questions

Your free initial mortgage consultation will last around 30-60 minutes. During your consultation, you will get to speak with your dedicated Mortgage Advisor in Cardiff. Their job will be to get a better understanding of your mortgage needs and situation so that they can search for the perfect mortgage deal for your personal and financial situation.

Typically, most High Street Lenders will require a 5% deposit from you. However, depending on your credit history, your lender may ask for 10%-15%.

It can still be possible to get a mortgage, even with bad credit problems in the past. Even though it may be a little harder, it isn’t impossible!

You may have to put down a higher deposit if you have bad credit, this could be 10%-15%.

Your first job is to carry out our mortgage Fact Find so that we can get an idea of your mortgage needs and what sort of deals you want to be looking for.

Afterwards, we will book you in with a Mortgage Advisor in Cardiff who will get a couple more pieces of information from you.

Then we can arrrange an Agreement in Principle for you within 24-hours to increase the chances of the seller accepting your offer.

If you’ve found yoru dream home, and are happy with our mortgage recommendation, we can start the mortgage application process! A formal mortgage offer can take longer than 3 weeks, during which, we will keep you informed with the progress of your application.

As a Mortgage Broker in Cardiff, we recommend that our applicants obtain an Agreement in Principle (AIP) as soon as possible. Having an AIP whilst you’re viewing properties can increase your chances of being accepted by the seller. It may also allow an opportunity for price negotiation.

Once you have an Agreement in Principle (AIP) in place, it should last between 30-90 days. If your AIP expires, you can easily renew it by getting back in touch with your Mortgage Advisor in Cardiff.

First of all, your free mortgage consultation should last around 30-60 minutes. Once this is complete, your Mortgage Advisor in Cardiff will obtain an Agreement in Principle for you within 24-hours. Then, if you are happy to proceed with the deal that your advisor has recommended, we can submit your mortgage application. A formal mortgage offer can take on average around 3 weeks to return.

During your mortgage application, you’ll be asked to provide evidencing documents:

– Latest 3 Payslips (Employed), Last 2 years’ Accounts (Self-Employed)
– Latest 3 Months’ Bank Statements
– Latest P60
– Photographic ID

During your mortgage application in Cardiff, if you’re Self-Employed, you’ll need to submit at least one year’s accounts. As a Mortgage Broker in Cardiff, we’ve found that most lenders use your salary plus dividend to calculate the maximum mortgage amount that you can borrow. Although, some lenders may choose to go off your net profit.

Depending on why you want to get a second mortgage, it may be easier to get one than not.

There are various reasons why someone may want a second mortgage, for example:

– Buy to Let
– Debt Consolidation
– Home Improvements
– Second Home
– Marital / Relationship Breakdown

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We make it so easy!
Our 4 step process

Step 1

A telephone test call where we can take some initial details and find out about your plan of action.

Step 2

Enjoy finding a property!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

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Cardiffmoneyman.com & Cardiffmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

© 2021 Cardiffmoneyman

Cardiffmoneyman, 33 Cathedral Road, Cardiff, CF11 9HB.

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